Cattle futures higher on surging cash market - CME June lean hog futures fall7 May 2025 7 May 2025 2 minute read 2 minute read By: By: Global Ag MediaChicago Mercantile Exchange (CME) live cattle and feeder cattle futures crept higher on Tuesday as strong wholesale beef prices and a tight cattle supply compelled meatpackers to pay up for each head of cattle, lending support to the cash market and cattle futures, Reuters reported, citing analysts. CME June live cattle futures rose 0.025 cent to close at 213.675 cents per pound. August feeder cattle futures rose 0.3 cent to end at 299.20 cents per pound. Weakening corn prices, a common ingredient in feeder cattle diet, have also lent support to cattle futures. CME June lean hog futures fell 1.425 cents to close at 97.575 cents per pound.